Jump to content

Pay It Phorward: Difference between revisions

From Wikidelphia
description embiggened
Page Needing Work marker deleted
 
(2 intermediate revisions by the same user not shown)
Line 1: Line 1:
{{toplink|url=http://www.payitphorward.org/|name=payitphorward.org}}'''Pay It Phorward''' is a monthly peer-to-peer program that aims '''to provide a small monetary lift to help individuals and businesses during the COVID-19 crisis'''.
{{toplink|url=http://www.payitphorward.org/|name=payitphorward.org}}'''Pay It Phorward''' is a monthly peer-to-peer program that aims '''to provide a small monetary lift to help individuals and businesses during the COVID-19 crisis'''.


This particular format was inspired by my prior participation in the Awesome Foundation, a micro funding organization with dozens of chapters around the world. I co-founded its Philadelphia chapter 6 years ago, and what I loved most about its donation model was the grassroots, no-strings-attached, no-red-tape method of getting money into people’s hands as quickly as possible. During my tenure, we limited participation to 10 donors, each giving $100 per month, for a total donation of $1000 to each month's recipient
By donating, you join a community of people dedicated to paying it forward within the Philadelphia community. Your donation is a promise of direct funding to a neighbor in need. All donors have the opportunity to vote on the fund’s recipient each month. Pay It Phorward will collect applications and send you a survey when it’s time to submit your vote. The winner will receive all funds raised that month.


We hope to expand on this model to generate more donations from a greater pool of participants, and under more relaxed giving conditions. Someone can give as little as $5, or a company can decide to give $1000. With help from our steering committee, and your votes, we’ll ensure the donations have maximum impact.
''Note:''  The above descriptive information came from the program's [http://www.payitphorward.org home page].
 
''Note:''  The above descriptive information came from the program's [http://www.payitphorward.org home page] and its [http://www.payitphorward.org/about How It Started] page.


==In The News==
==In The News==
*[http://technical.ly/philly/2020/05/08/o3-world-keith-scandone-donation-app-pay-it-phorward/ Want to donate to a local person or org in need? Now you can 'Pay It Phorward'], Technical.ly Philly, May 8, 2020.
*[http://technical.ly/philly/2020/05/08/o3-world-keith-scandone-donation-app-pay-it-phorward/ Want to donate to a local person or org in need? Now you can 'Pay It Phorward'], Technical.ly Philly, May 8, 2020.


[[Category:Is-Funding_Source]]
[[Category:Is-Funding_Source]] [[Category:Is-Peer-To-Peer_Platform]]
[[Category:Issue-Coronavirus_Pandemic]]
[[Category:Issue-Coronavirus_Pandemic]]


[[Contact Email::payitphorward@o3world.com| ]]
[[Contact Email::payitphorward@o3world.com| ]]
{{W}}

Latest revision as of 21:11, 24 June 2020

payitphorward.org

Pay It Phorward is a monthly peer-to-peer program that aims to provide a small monetary lift to help individuals and businesses during the COVID-19 crisis.

By donating, you join a community of people dedicated to paying it forward within the Philadelphia community. Your donation is a promise of direct funding to a neighbor in need. All donors have the opportunity to vote on the fund’s recipient each month. Pay It Phorward will collect applications and send you a survey when it’s time to submit your vote. The winner will receive all funds raised that month.

Note:  The above descriptive information came from the program's home page.

In The News